FY26 Proposed Budget

8. Other Financing Sources – Other financing sources include a limited number of special transactions that are used to account for non-operating revenues/receipts such as the proceeds from a loan or the sale of an asset. Other Financing Sources are budgeted at $529,500 in fiscal year 2026, which is a decrease of 2.1% from the fiscal year 2025 revised budget of $540,600. There is an average increase of 2.1% over the last five years. Both of these decreases are due to sales of homes within the UniverCity and South District home programs. 9. Transfers In - The category is budgeted at $13.83 million in fiscal year 2026. This includes an approximate $13.3 million transfer-in of the Employee Benefits Levy from the Employee Benefits Fund. This category also includes General Fund intra-fund transfers to equipment replacement reserves and transfers in from other funds to support specific staff positions and expenditures.

B.

General Fund Expenditures

Expenditures & Transfers Out

2023 Actual

2024 Actual

2025 Revised

2026 Budget

2027 Projected

Personnel

$ 47,046,833 49,263,321 $

$ 53,009,800

$ 55,022,500

$ 56,673,175

Services

12,114,439 13,619,197

22,200,037

13,763,000

13,796,490

Supplies

1,773,730 1,917,868

2,208,082

2,230,900

2,274,454

Capital Outlay

2,259,003 6,636,099

1,968,779

1,541,100

1,520,500

Other Financial Uses

-

-

-

-

-

Contingency

-

-

1,400,200

1,021,600

1,042,700

Sub-total Expenditures:

63,194,005 71,436,485

80,786,898

73,579,100

75,307,319

Transfers Out

13,185,144 8,417,576

23,960,800

8,909,100

8,447,700

Total Expenditures & Transfers Out

$ 76,379,149 79,854,061 $

$ 104,747,698

$ 82,488,200

$ 83,755,019

321